Maybank Kim Eng’s Lai Gene Lih is of the view that investors still should remain “postive” on the Singapore tech sector, but advises them to be selective in the stocks they choose. He has given most companies in the sector a “buy” rating, like AEM, UMS, Frencken and Aztech Global. However,...

MAYBANK Kim Eng (Maybank KE) has reinstated its "buy" call on technology solutions provider Frencken Group following its recent share price correction to S$2.12 as at the close on Dec 1, from its Nov 15 closing price of S$2.36.

Frencken is still a good proxy for the strong semiconductor cycle, says RHB Group Research analyst Jarick Seet in a glowing note on Nov 15. Frencken is a global integrated technology solutions company that serves multinational companies in the automotive, healthcare, industrial, life sciences and se...

ANALYSTS are mixed on mainboard-listed Frencken Group after the integrated technology solutions company posted a lower than expected revenue and net profit in its third-quarter business update on Nov 11.

FRENCKEN Group's earnings rose 10.7 per cent year-on-year to S$14.77 million in Q3 as it registered higher revenue.

Frencken Group has reported earnings of $14.8 million for the 3QFY2021 ended September, 10.7% higher than earnings of $13.3 million in the 3QFY2020. Revenue for the 3QFY2021 increased by 18.7% y-o-y to $196.5 million due to the higher sales of the semiconductor, analytical and medical segments. The ...

RHB Group Research analyst Jarick Seet has maintained “overweight” on the small and mid-cap sectors in Singapore. Within the sector, Seet has identified his top picks as Food Empire, HRnetGroup, Marco Polo Marine and Frencken. On Food Empire, Seet deems the current rising costs as just “tempor...

Maybank Kim Eng’s Lai Gene Lih still remains optimistic on Singapore’s semiconductor industry despite the recent dip in share prices, giving buy ratings to all three stocks under its coverage, namely AEM Holdings, UMS Holdings, and Frencken Group. Lai’s target prices for AEM, UMS and Frencken ...

The lack of chips and parts across the supply chain will continue supporting the outperformance of the semiconductor segment, says RHB Group Research analyst Jarick Seet. In a note, Seet says the planned construction of about 29 new fabrication facilities in the next few years should ensure high dem...

UOB Kay Hian analyst Clement Ho has maintained his “buy” call on Frencken Group and raised his target price from $2.52 to $2.62 after its $14 million acquisition of aerospace and semiconductor focused company Avimac. In a Sept 15 report, Ho says that he believes this “bite-sized acquisition wo...